Weekly Crypto Gainers: ONDO Tops the Chart, With ICP and XEC Making Strong Showings

Bitcoin and ethereum have recaptured some of their losses from the previous week, but a group of crypto assets have seen their values climb by double digits in the last seven days. About nine cryptocurrencies experienced increases of 20% or more, with ondo (ONDO) leading the charge with a 94% leap this week.

The Weeks Biggest Crypto Gainers and Losers

Currently, the crypto market stands at a valuation of $2.59 trillion, marking a 3.95% uptick in the past day. Todays highest trading volumes, aside from BTC, ETH, and stablecoins, feature coins like SOL, BNB, XRP, BCH, and AVAX.

While bitcoin gained 2.5% over the week and ethereum nudged up by 0.1%, other digital currencies have seen substantially higher ascents. Ondo (ONDO) outperformed all, soaring by 94.7% over the week.

ONDO/USD on March 25, 2024.

Internet computer (ICP) enjoyed a 42% boost during the seven-day period, and ecash (XEC) climbed by 35%. Other notable risers include STX with a 31% increase, CFX advancing by 28%, and BCH jumping 24% higher this week.

ICP/USDT on March 25, 2024.

The spike in ONDO‘s value propelled it to a new peak price. Similarly, LDO surged by 24%, FTM grew by 21%, and DOGE also escalated by 21% this week. Meanwhile, bittensor (TAO) emerged as the week’s biggest downturn, dropping 13.6% against the U.S. dollar.

Dogwifhat (WIF) declined by 12.9% this week, and jupiter (JUP) decreased by 12.8% over the seven-day stretch. Only five cryptocurrencies faced double-digit depreciation this week, including PYTH and RNDR.

Other significant weekly decliners were INJ, SOL, THETA, AVAX, GRT, WLD, and BONK, all losing between 5% and 9.9% over the week. The most notable liquidations in the crypto derivatives market, excluding BTC and ETH, involved PEPE, DOGE, and BCH.